Nassau 31
ActiveNassau 31 has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €853. Equity is growing by ~34.1% per year across the filed fiscal years. Its solvency ranks better than 26% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-12
Solvency31=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.27 against 0.34 in 2024; short-term debt: 45% and cash: 0.8% of total assets), and 94.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
44 d early
2023
42 d early
2022
69 d early
2021
19 d early
2020
45 d early
2019
60 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k=
2024 · €19k
2019: €-20k
2020: €-11k
2021: €19k
2022: €9k
2023: €8k
2024: €19k
2019 → 2025
Total assets
€317k▼ 5.9%
2024 · €337k
2019: €296k
2020: €286k
2021: €355k
2022: €353k
2023: €338k
2024: €337k
2019 → 2025
Net result
€853▼ 92.5%
2024 · €11k
2019: €-255
2020: €8k
2021: €30k
2022: €-10k
2023: €-958
2024: €11k
2019 → 2025
Working capital
€-104k▼ 9.9%
2024 · €-94k
2019: €-78k
2020: €-76k
2021: €-96k
2022: €-96k
2023: €-102k
2024: €-94k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€9k▼ 51.7%€8k▼ 10.6%€19k▲ 131%€19k=
Operating result€39k-€-704€7k€19k▲ 162%€7k▼ 64.7%
Net result€30k-€-10k€-958▲ 90.1%€11k€853▼ 92.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €317k
Fixed assets
€278k▼ 3.3%
Current assets
€39k▼ 20.7%
Equity and liabilities €317k
Equity
€19k=
Debt
€298k▼ 6.2%
The debt ratio falls from 94.5% to 94.1%. Debt is lower.
Key figures and ratios
EBITDA
€17k▼
2024 · €29k
Cash flow
€12k▼
2024 · €22k
Solvency
5.9%▲
2024 · 5.5%
Current ratio
0.27▼
2024 · 0.34
Quick ratio
0.11▼
2024 · 0.19
Debt / equity
16.00▼
2024 · 17.06
ROE
4.6%▼
2024 · 61.2%
ROA
0.3%▼
2024 · 3.4%
Interest coverage
3.26▼
2024 · 4.15
Debt
€298k▼
2024 · €318k
Debt ≤ 1 year
€143k▼
2024 · €143k
Debt > 1 year
€155k▼
2024 · €173k
Income taxes
€465▼
2024 · €1k
Staff costs
€35k▼
2024 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€337k€317k▼
Fixed assets21/28€288k€278k▼
Tangible fixed assets22/27€286k€277k▼
Land and buildings22€237k€233k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€880€395▼
Other tangible fixed assets26€46k€42k▼
Financial fixed assets28€1k€1k=
Current assets29/58€49k€39k▼
Stocks and contracts in progress3€22k€23k▲
Stocks30/36€22k€23k▲
Amounts receivable within one year40/41€6k€5k▼
Trade receivables40€5k€4k▼
Other amounts receivable41€917€2k▲
Cash at bank and in hand54/58€10k€3k▼
Deferred charges and accrued income490/1€11k€9k▼
Equity and liabilities
Total equity and liabilities10/49€337k€317k▼
Equity10/15€19k€19k=
Contributions10/11€6k€6k=
Reserves13€12k€12k=
Distributable reserves133€12k€12k=
Amounts payable17/49€318k€298k▼
Amounts payable after more than one year17€173k€155k▼
Financial debts170/4€173k€155k▼
Amounts payable within one year42/48€143k€143k▼
Current portion of amounts payable after more than one year42€17k€17k▲
Trade debts44€16k€11k▼
Suppliers440/4€16k€11k▼
Taxes, remuneration and social security45€9k€9k▲
Taxes450/3€737€2k▲
Remuneration and social security454/9€9k€7k▼
Other amounts payable47/48€101k€105k▲
Accrued charges and deferred income492/3€2k€400▼
Income statement
Code20242025
Remuneration, social security and pensions62€39k€35k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€70k€55k▼
Operating profit (loss)9901€19k€7k▼
Financial income75/76B€765-
Recurring financial income75€765-
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€12k€1k▼
Income taxes67/77€1k€465▼
Profit (loss) for the period9904€11k€853▼
Profit (loss) for the period to be appropriated9905€11k€853▼
Appropriation of the result
Profit (loss) to be appropriated9906€819€853▲
Profit (loss) brought forward from the previous period14P€-11k-
Profit to be distributed694/7€819€853▲
Return on contributions (dividend)694€819€853▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €-10k ▼132%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
12-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €30k ▲256%
Operating result €39k, net result €30k, both a record.
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
2019
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 308 days late
2016
16-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kortrijksesteenweg 319000 GentGround area
601 m²
Building footprint
155 m²
Volume, LiDAR
2,014 m³
Parcel 44808H0001/00C031, Flanders · tallest building 17.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Nassau 31
since 20152.246.213.162
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0001/00C031 | Flanders | 601 m² | 1 · 155 m² | 17.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.246.213.162
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Of 10,527 companies in sector 47110 we hold annual accounts for 5,862. 4,097 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-2015
Fiscal year end30-06
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.